Monday, June 25, 2012
Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) decreased to –0.45 in May from +0.08 in April. Of the four broad categories of indicators that make up the index, three deteriorated from the previous month and two made negative contributions to the index in May.
The index’s three-month moving average, CFNAI-MA3, decreased from –0.13 in April to –0.34 in May—its third consecutive reading below zero and its lowest value since June 2011. — (Chicago Fed)

Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) decreased to –0.45 in May from +0.08 in April. Of the four broad categories of indicators that make up the index, three deteriorated from the previous month and two made negative contributions to the index in May.

The index’s three-month moving average, CFNAI-MA3, decreased from –0.13 in April to –0.34 in May—its third consecutive reading below zero and its lowest value since June 2011. — (Chicago Fed)